Used in pharmaceutical research as a key intermediate in the synthesis of serotonin receptor modulators. Shows potential in developing treatments for neurological disorders such as depression, anxiety, and migraine. Also employed in the design of anti-inflammatory agents due to its ability to inhibit certain COX enzymes. Its structural similarity to tryptamine allows integration into compounds targeting central nervous system pathways. Investigated for use in cancer research, particularly in compounds that induce apoptosis in tumor cells. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies involving indole-based bioactive molecules.